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Tata group inks land deal for semiconductor plant in Assam
Assam govt to lease over 170 acres of land for Rs 27,000 cr plant; facility to create 30,000 jobs
… group inks land deal for semiconductor plant in Assam
Assam govt … a Rs 27,000-crore semiconductor plant.
The 60-year lease …
=> TATA Group
Tata group inks land deal for semiconductor plant in Assam =>
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TATA Group
#Morigaon (Assam)
The Assam Government on Tuesday signed an agreement with the Tata Group to lease over 170 acres of land to the company at Jagiroad in Morigaon district for a Rs 27,000-crore semiconductor plant.
The 60-year lease was finalised at the sub-registrar’s office by Tata Group member Ranjan Bandopadhyay and Assam Industrial Development Corporation’s (AIDC) manager (tech) and project in-charge Dhiraj Pegu. District Commissioner (DC) Devasish Sharma, along with Tata Group officials, including Kaninika Thakur, Ashish Mishra, and Avinash Dhabade, were present on occasion.
Speaking to reporters after signing the deal, Sharma said it was a significant day for the entire state.
The facility, to be built on the site of the former Hindustan Paper Corporation Limited, is expected to create over 30,000 jobs, with the first phase set to be operational by mid-2025. Prime Minister Narendra Modi had virtually laid the foundation for the plant on March 13. PTI